The markets are showing disconcerting parallels with late 2007… Read More Is There a Stealth Financial Crisis? Alarm Bells Are Ringing.
To wrap your mind around the concept of a “bad bank,” you have to look at what Citigroup did in January 2009… Read More The Fed and Wall Street Begin to Worry About Deutsche Bank’s “Bad Bank” Idea
NPLs remain dangerously to catastrophically high in Italy, Greece, Portugal, and Cyprus… Read More Bad Loans Still Too High at Eurozone Banks, ECB Warns
High yield bonds are not supposed to rally right along with U.S. Treasury notes. But that’s what’s been happening lately.… Read More Beware of the Junk Bond Market
Why place any confidence in today’s generation of senior central bankers, when they (and we) are staring at the ruins of the policies they unleashed on the world and are about to unleash again?… Read More Game Over
Even by its own recent standards… Read More Lordy, Deutsche Bank Is Having a Nightmare Month
Citi Group analysts slashed their price target to zero… Read More Vacation Giant & Airline Thomas Cook Verges on Collapse
Like the mortgage crisis never happened.… Read More UK Banks Double Down on High-Risk Mortgage Products to Prop Up Housing Market
The world is heading toward another epic financial fall, says Nomi Prins. The question is not if, but when. … Read More Will Central Bank Policies Set off Another Global Financial Crisis?
Chinese corporate defaults this year through April are 3.4 times the amount last year.… Read More Perhaps It’s Time to Start Worrying About Global Corporate Debt, Suggests Bank of England
“Zombie firms,” kept alive by low interest rates, account for up to 14% of UK companies.… Read More Businesses in “Critical Distress” in UK, Bankruptcies Surge
More and more companies either choose not to invest in other countries or are prevented from doing so… Read More Global Foreign Direct Investment Flows Collapse